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January 11, 2013News for the retail industry

  Top Story 
 
  • Real estate holdings sweeten Supervalu deal
    Cerberus Capital's $3.3 billion cash and debt deal to buy 877 Albertsons, Jewel-Osco, Acme and Shaw’s stores from Supervalu may already have paid for itself in property, industry experts say. About half the stores sit on property that's either owned by the company or subject to long-term ground leases, giving the real estate portfolio a value of between $3.3 billion and $4.4 billion. The Wall Street Journal (1/10) LinkedInFacebookTwitterEmail this Story
NRF Big Show: How Petco and Walgreens Use Data to Drive Profits
Join us for a discussion with executives from Petco and Walgreens about how they leverage scientific tests to understand which marketing, pricing, merchandising, capex, and operations programs work, which don't, and which can be fine-tuned to maximize profits at 4:30pm on Monday, Jan. 14, in Room 3D05. Click here to read more.
  Industry Watch 
  • How Walgreens updated the traditional pharmacy
    Walgreens' new "Well Experience" store concept leaves the old footprint behind in favor of a store that melds fresh foods and upscale beauty products with the pharmacy counter. "You’re beginning to see the blurring of the retail channels in America,” said CEO Gregory Wasson. Forbes (1/10) LinkedInFacebookTwitterEmail this Story
  • How will Best Buy's holiday sales affect Schulze's buyout bid?
    Best Buy reported a better-than-expected 1.4% decline in same-store sales for the holiday season, potentially good news for Richard Schulze. The company's founder postponed his buyout bid until February, and stronger sales results may help him bring in the investors he needs to acquire the chain, analysts say. "While it will be a journey with ups and downs, we are focused on becoming an increasingly effective multichannel retailer," said Best Buy CEO Hubert Joly. Bloomberg (1/10), The Wall Street Journal (1/11) LinkedInFacebookTwitterEmail this Story
  • Other News
  Retail Trends 
  • Have designer collaborations grown stale?
    Lines such as the recent Maison Martin Margiela for H&M haven't sold out as quickly as earlier exclusives, spurring some to question the long-term viability of the concept. "I think the collaboration movement will only grow as our world becomes smaller through easy dissemination of information via the Internet," said Lisa Salzer, designer of Lulu Frost, which has created exclusive lines for J.Crew. Forbes (1/10) LinkedInFacebookTwitterEmail this Story
  • The tricky task of department store pricing
    Pricing strategies vary widely between luxury department stores where quality matters much more than price and chains that cater to price-sensitive consumers. In between are mid-priced chains that walk a fine line on pricing, using aggressive promotions on certain items to spur sales and offering a wide range of private label and exclusive lines shoppers won't find at online rivals, writes Greg Petro. Forbes (1/10) LinkedInFacebookTwitterEmail this Story
  NRF 102nd Annual Convention & Expo 
  • NRF gears up for annual retail conference
    NRF expects a crowd of about 27,000 for Retail's BIG Show, the annual conference that kicks off in New York City on Sunday with a slate of high-profile speakers including the CEOs of Macy’s, Starbucks and Wal-Mart. "For us, the focus is going to be on the positive opportunities that exist. None of the challenges are insurmountable," said NRF President and CEO Matthew Shay. Women's Wear Daily (subscription required) (1/10) LinkedInFacebookTwitterEmail this Story
 
  Policy & Government Affairs 
  • Online sales tax debate continues
    The debate over whether online retailers should be required to collect sales tax didn't die with Congress' failure to pass the Marketplace Fairness Act last year. In 2013, lawmakers are expected to again take up the issue, which often pits online retailers against bricks-and-mortar merchants who support using sales tax collections to level the playing field and state governments eager to raise revenue. Bloomberg Businessweek (1/10) LinkedInFacebookTwitterEmail this Story
  NRF News 
  • How Main Street can stay healthy through health care reform
    New rules for coverage and penalties from the Affordable Care Act will begin in January 2014, and the law is ripe with nuances that can be a bit mind-numbing for businesses of all sizes. NRF’s VP of Health Care and Employee Benefits Policy Counsel Neil Trautwein previews his session at Retail’s BIG Show in New York, where he’ll be joined by a small business owner to discuss strategies to keep Main Street strong against some of the more severe and unintended effects of health care reform. Read more. Retail's BIG Blog (1/11) LinkedInFacebookTwitterEmail this Story
  • NRF SmartTip: Jan. 11, 2013
    Check Retail's BIG Show Resource Center for shuttle schedules, onsite registration hours, Retailer Help Desk, program quick guide and everything else you need to get around the event, Jan. 13 to 16 in New York City. Learn more. LinkedInFacebookTwitterEmail this Story
 
  • Can’t make it to Retail’s BIG Show '13? Watch three keynotes live
    For those who can't be there in person, three keynotes from Retail's BIG Show will be streamed live from the event Jan. 13, 14 and 15. The sessions, which focus on global expansion, conscious leadership and retail's role in the economic renewal feature senior executives from Mango, Starbucks, The Container Store, Whole Foods Market, and Wal-Mart. Viewing is free, but registration is required. Register here. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF | Govt Relations | NRF Events | STORES | NRF Foundation

  Chain Restaurant News 
  • Blimpie makes the most of c-store food trends
    Rising sales of prepared foods at convenience stores is creating new opportunities for sandwich chain Blimpie, which now has 250 c-store locations, one-third of its 750 units, says franchise development director Jillian Clothier. The footprint has grown in recent years, from a small corner of the store with a limited menu to full-service sandwich shops, she said. "Ultimately, instead of limiting our menu, we're now broadening it." QSRWeb.com (1/9) LinkedInFacebookTwitterEmail this Story
 
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The most valuable of all talents is that of never using two words when one will do."
--Thomas Jefferson,
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